Safeguard Scientifics (SFE) Misses Q1 EPS by 87c

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Safeguard Scientifics Announces First Quarter 2017 Financial Results

April 27, 2017 6:00 AM EDT

RADNOR, Pa., April 27, 2017 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE) today announced financial results for the three months ended March 31, 2017, as well as continued achievement of developmental milestones for its 28 partner companies. For the three months ended March 31, 2017, Safeguard's net loss was $22.1 million, or $1.08 per share, compared with a net loss of $15.5 million, or $0.76 per share, for the same period in 2016.

"Safeguard's key objective for... More